Employee Benefits Awards The levy was introduced to help address the significant skills issues in the UK labour market. “I believe degree apprenticeships should continue to be fully funded from the levy for people 25 and under, occupations on the shortage occupation list, and adults who do not already have an equivalent qualification.”. Our Level 7 Senior Leader Masters level Degree Apprenticeship at Birmingham Business School is an exciting opportunity to gain a prestigious MBA, supported by employers and funded by the Degree Apprenticeship Levy. Levy Funding: The government funding band for the Senior Leader Standard is £18,000, which is the maximum that can be funded through the apprenticeship levy. The trailblazer has also agreed to revise the occupational standard on this basis, focusing on ensuring that passing the revised end-point assessment will provide all the necessary assurance that full competence will have been achieved. You may be a strategic leader in the private, public or third sector organisation, who lead, manage and direct organisations or are working towards this role. IfATE added: “An employer group have looked closely at the senior leader level 7 following the request for a review by the secretary of state. People Analytics Businesses can fund £18,000 of the fees through their apprenticeship levy. Employee Benefits Connect Training This is not just the technical skills traditionally associated with apprenticeships but also higher and degree level executive and management training. The first Executive MBA programme in England to use the Apprenticeship Levy has started today at Cranfield School of Management. “The employer group have made a clear recommendation, which we are now consulting on. As an approved provider of Apprenticeship Levy Services to the Skills Funding Agency, Loughborough University is proud to have developed a suite of postgraduate apprenticeship programmes at the School of Business and Economics for organisations who wish to develop their talented managers using the Apprenticeship Levy. Employment Law © 2011 - 2021 DVV Media International Limited. Organisational Development Employee Benefits Live, • Occupational Health & Wellbeing This report also comes following UK’s education secretary, Gavin Williamson’s ordered review of the level seven senior leader MBA apprenticeship standard. The employer group behind the programme has “revised” its content following a review ordered by the education secretary Gavin Williamson, who said in February he was “unconvinced” it was in the “spirit” of the apprenticeships programme… With these recent headlines, the numbers are set to dip, as Emma Hardy Labour’s shadow minister for further education said that degree apprenticeship should only be fully-funded for people aged under 25, those without a first degree and in sectors with skill shortages. Spielman questioned the use of the apprenticeship levy at a speech during the 2019 annual apprenticeship conference, “What is of concern is the fact that levy money is not always being spent in the intended way. Personnel Today has launched a new email newsletter for 2020, focusing on all aspects of diversity and inclusion. Williamson asked for a formal review. Privacy policy If a levy-paying employer runs out of funds in their levy account, they can trigger the non-levy route. I question whether an MBA is an essential regulatory or professional requirement to work in this field of senior leadership. It is designed to boost productivity and competitiveness in England by investing in skills development. The business pays 5% towards the cost of apprenticeship training. The government needs to keep an eye on those types of apprenticeships to ensure they are offering the development planned.”. So, for example, on graduate schemes that are in effect being ’re-packaged’ as apprenticeships.”. Advertising specifications Recruitment & Resourcing “The government’s rushed implementation of the apprenticeship levy has resulted not in an increase in apprenticeship opportunities for the most disadvantaged, but quite the opposite,” she told delegates. Workforce Planning, • About Personnel Today Apprenticeship Levy. The Levy is collected at the same time as PAYE payments are made and can be used to purchase apprenticeship education through the Government Gateway’s Digital Apprenticeship Service. However, the Office for Standards in Education, Children’s Services and Skills (Ofsted) reported last year that these so called graduate apprenticeships were relabelled as such, from pre-existing graduate schemes. For the first time, employers in England, who pay the Apprenticeship Levy, are able to access their Levy funds to pay for employees to access a world-class management education. The Personnel Today Awards MBA Apprenticeship Levy London connected Cambridge is just 1 hour 30 minutes drive north of London, or 50 min directly by train. MBA apprenticeship funding comes from a levy scheme where employers with annual wage bills above £3 million make a mandatory contribution equivalent to 0.5 per of their payroll. Total revenues from MBA apprenticeships were expected to exceed £26m by May 2019, which would be about 1 percent of the money raised, according to TES. Bringing you the latest news, trending topics and continuing professional education advice about online learning institutions worldwide. The University can draw down this funding to either upskill existing employees or to train newly employed apprentices. Plans to remove the controversial MBA component attached to the level 7 senior leader apprenticeship standard have been revealed. Earlier this month the Institute for Apprenticeships & Technical Education launched a consultation on a revised version of the standard which scrapped all references to MBAs. This is a flexible option, as it allows the MBA to be fitted around any career or personal obligations. Although the apprenticeship levy will apply to employers across the UK, apprenticeships are a devolved policy. This apprenticeship is designed for any individual moving into a senior or strategic management role. There were 393,400 apprenticeship starts in 2018/19, up 5% on the year before but down significantly from the 564,800 starts prior to the levy’s introduction. It is a government levy paid by all employers with a pay bill in excess of £3 million, set at 0.5% of the pay bill. Education secretary Gavin Williamson has called for a formal review of MBA apprenticeships – days after Tes revealed that over £100 million of levy funds had been spent on the controversial level 7 senior leader apprenticeship standard.. If your school has a wage bill of £3m or above you will now be paying into the apprenticeship levy. Aimed at executives, this programme includes 30 days of teaching, studying core courses surrounding business and management. Employers can choose to spend their apprenticeship levy funding as they wish, including providing opportunities for current and aspiring leaders to study an MSc or MBA. IfATE, working with a group of employers, Leadership and Management Trailblazer worked together to develop a revamped version of the occupational standard and end-point assessment (EPA) plan without the MBA and have a rather positive take on this development. Apprentices will work through a rigorous curriculum covering strategic management, finance, marketing, human resources and international business – preparing them for senior leadership. “I am committed to maintaining an employer-led system, but I’m not convinced the levy should be used to pay for staff, who are often already highly qualified and highly paid, to receive an MBA. This news hardly comes as a surprise, as the inclusion of MBAs as part of the government’s apprenticeship scheme has faced strong criticism from detractors as it consumes a large portion of the apprenticeship levy allocated for workplace training funds. Speaking on day one of FE Week’s sixth Annual Apprenticeships Conference, Hardy said that she supports their expansion at higher education providers across the country, but a decline in opportunities for the “most disadvantaged” needs to be addressed. It is of the utmost importance for the integrity of the programme and the apprenticeships brand that each and every standard meets our highest possible expectations.”. IfATE stated that it would share all responses to the consultation with the trailblazer group “so they can produce a final version of the occupational standard currently intended for submission to the institute’s approvals process by 20 May”. level-seven senior leader occupational standard, questioned the use of the apprenticeship levy, Chartered Institute of Personnel and Development (CIPD). This standard is designed for senior leaders, directors, chief operating officers etc. I question whether an MBA is an essential regulatory or professional requirement to work in this field of senior leadership. In response, IfATE worked with the Leadership and Management Trailblazer (a group of employers) to develop a revamped version of the occupational standard and end-point assessment (EPA) plan without the MBA. Change Management The subject of MBA apprenticeships has been at the centre of criticism and controversial headlines upon its introduction. This distinctive MBA is intellectually-challenging, insightful and focused on improving practice in the workplace across all areas of management, leadership and the functions of business. UK Apprenticeship Levy Under the UK government’s Apprenticeship Levy scheme, you can now utilise your levy fund in the most effective way by investing in the development of your senior leaders. But MBAs are increasingly becoming associated with apprenticeships, thanks to a UK government policy that forces firms to invest in education. HR Director OH&W subscriptions Non-levy paying employers, such as SMEs, can request funding through the Apprenticeship Service. The introduction of the levy has since increased the number of new apprenticeships up to the master’s level. The MBA apprenticeship which is a part of the level-seven senior leader occupational standard scheme is set to be scrapped this year. One of the most powerful ways you can generate value from your Apprenticeship Levy is to upskill your existing workforce. The report also contained warnings that many employers will simply use the levy to re-badge existing learning and pass it off as apprenticeship training. The Apprenticeship MBA is an enticing opportunity to open up the MBA market to a new generation of leaders. The MBA element of level 7 senior leader apprenticeship standards is to be removed after being queried by the education secretary. There are no direct fees paid by the apprentice as the programme is supported through the Apprenticeship Levy. Talent Management She told the 2019 annual apprenticeship conference: “What is of concern is the fact that levy money is not always being spent in the intended way. IfATE stated that senior leaders in an organisation are not bound by regulatory requirements to hold an MBA qualification. 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